At first this article may seem a bit off topic, about the history of personal financial management than an actual financial management tip. Then again we can always learn from history.
In particular, one of the greatest forefathers this land was Benjamin Franklin. He was a scientist, politician, writer and inventor. We thank him for bifocals, the lightning rod, the concept of a library and the armonica, a beautiful sounding musical glasses.
Franklin was also the author of the version of his days of a blog called Poor Richard's Almanac under the pseudonym of Richard Saunders. While many are aware of that are less known that he also wrote a document called Father Abraham's Sermons, also known as The Way to Wealth.
Some modern sayings you have heard, have roots in the writings of Franklin, including a few that you've heard:
- "There are no benefits, no pain"
- Time is money "
- "Early to bed, early to rise makes a man healthy, wealthy and wise "
- "A penny saved is two pence dear"
In today's economy with a greater awareness of the need to financially conservative is another of Franklin's statements that must be followed.
"Buy what you do not need, and e're long thou shalt sell your equipment. "He was passing along words of wisdom. For the modernization of this sentence, you could say" wasting money on things you do not need, and before long you might sell the things you need. "The news is peppered with stories of people who have their cars, boats, jewelry and even sell their house to make it through this recession.
Granted many of these desperate people who have heard we were crazy interest only loans houses that they never would have bought. Then again many of these stories are innocent victims of the domino effect. They have lost their jobs because of them lose their customers.
Some bad decisions were made by our government, large corporations and individuals. As a result, we experienced record-breaking unemployment and redundancies. If the recession does not directly have you made, it still needs a wake up call. Bad habits are made in good times, good habits are created in bad times.
If the recession is equal past, should your finances and spending habits. If you have adjusted your spending habits, look again. If you think that big changes and there is not, keep looking. There is always another way to save even one U.S. dollars. To build wealth you must understand: This is not what you make is about what you keep!
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BEN FRANKLIN'S GLASS ARMONICA $3.25 Presents a collection of little-known facts about the great inventor who helped the United States gain freedom from the British. Reprint. AB. ... |
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The Glass Harmonica $4.99 Eilish Eam is an orphan and street musician, living in 1761, London. She survives on pennies and applause, and nothing more. Until the night Benjamin Franklin stops to listen, awe-struck by her gift-and with plans for her future...Erin Rushton is a classical musician living in 2018, Seattle. She stands in the orchestra, consumed by the music-and haunted by visions of a young girl from a different ... |
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Ben Franklin Tech $17.18 Rated: NASynopsis: From the humble Pennsylvania Stove to the spectacular lightning rod, Franklin was perennially concerned with putting scientific principals to practical use. Now, BEN FRANKLIN TECH examines the ingenuity and imagination of Franklin s numerous inventions, including his crafty anti-counterfeiting techniques, his unique musical instrument, and the world s first bifocal eyeglasses. Historians and experts explore how Franklin s inventive genius extended to larger institutions, as well, as seen in such concepts as the volunteer fire department, Daylight Savings Time, and America s first lending library. |
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Instant Expert Ben Franklin $10.29 Rated: NASynopsis: He negotiated an alliance with France, helped write the Declaration of Independence and was the first to tame lightning. Yet Benjamin Franklin, by his own admission, was far from perfect. HISTORY takes a fresh and informative look at the man behind the myth, a writer, scientist, politician, and ruthless competitor who never made a penny from his achievements and was more comfortable speaking in front of the British Parliament than with his own family. Narrated in a straightforward, conversational tone, Ben Franklin features in-depth interviews with renowned biographers and historians, as well as on-location reenactments shot in high-definition, for a truly remarkable walk in this founding father's footsteps. |
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Ben Franklin of Old Philadelphia $4.98 No Synopsis Available |


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